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Global Frozen Mango Market – Industry Trends and Forecast to 2031

Food & Beverage | Upcoming Report | May 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Frozen Mango Market, By Product Type (Whole Frozen Mango, Mango Slices, Diced Frozen Mango, Puree or Pulp and Others), End Use (Food Processing, Beverages, Foodservice and Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores and Others) - Industry Trends and Forecast to 2031.


Frozen Mango Market Analysis and Size

The growth of the frozen mango market can be attributed to several factors as there is increasing demand for convenience foods, and frozen mango offers a convenient food option, they offer a convenient solution for consumers who want to enjoy mangoes without the hassle of peeling and cutting, which propel the market growth in the forecast period.

Data Bridge Market Research analyses that the global frozen mango market, which was USD 659.6 million in 2023, is expected to reach USD 989.48 million by 2031, growing at a CAGR of 5.2% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Pricing in USD, Volumes in Units

Segments Covered

Product Type (Whole Frozen Mango, Mango Slices, Diced Frozen Mango, Puree or Pulp and Others),  End Use (Food Processing, Beverages, Foodservice and Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores and Others)

Countries Covered

(U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)

Market Players Covered

Ardo (Belgium), SunOpta Inc. (Canada), Dole Food Company, Inc.(U.S.), Capricorn Food Products India Ltd. (India), a Sunkist Growers, Inc. (U.S.), Kanegrade (U.K.)  among others.

Market Opportunities

  • Growing Health consciousness
  • Extended shelf life and year-round availability

Market Definition

Frozen mango refers to mango fruit that has been peeled, sliced, diced, or pureed, then frozen at low temperatures to preserve its freshness, flavor, texture, and nutritional content. Frozen mango is commonly used as an ingredient in various food and beverage applications, including smoothies, juices, desserts, sauces, salads, and snacks. It offers convenience, extended shelf life, and year-round availability, making it a popular choice for consumers and food manufacturers alike.

Frozen Mango Market Dynamics

Drivers

  • Increasing Demand for Convenience Foods

With busy lifestyles and growing urbanization, there is a rising demand for convenient food options. Frozen mango offers a convenient solution for consumers looking to incorporate fruits into their diet without the hassle of peeling, cutting, and preparing fresh mangoes.

  • Extended Shelf Life and Year-Round Availability

Frozen mangoes have a longer shelf life compared to fresh mangoes, allowing consumers to enjoy mangoes even during off-seasons or in regions where fresh mangoes are not readily available. This extended shelf life contributes to the market growth, especially in regions with seasonal fluctuations in mango supply.

Opportunities

  • Rising Awareness of Food Waste Reduction

Frozen mangoes help reduce food waste by extending the shelf life of mangoes and minimizing spoilage. As sustainability becomes a key concern for consumers and governments worldwide, the demand for frozen fruits such as mangoes, which contribute to reducing food waste, is expected to increase.

  • Expanding Food Processing Industry

The food processing industry utilizes frozen mangoes as ingredients in various products such as juices, smoothies, yogurts, desserts, and baked goods. As the food processing industry continues to expand globally, the demand for frozen mangoes as a versatile ingredient is expected to grow.

Restraints/Challenges

  • Seasonal Availability

Frozen mangoes heavily rely on the availability of fresh mangoes, which are seasonal fruits. Fluctuations in mango production due to weather conditions or other factors can lead to supply shortages and affect the availability of frozen mango products throughout the year.

  • Price Volatility

Fluctuations in the prices of raw materials, including mangoes, energy, and packaging materials, can impact the profitability of frozen mango producers. Price volatility may also affect consumer demand, especially in price-sensitive markets.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Frozen Mango Market Scope  

The market is segmented on the basis of product type, end use, distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Whole Frozen Mango
  • Mango Slices
  • Diced Frozen Mango
  • Puree or Pulp
  • Others

End Use

  • Food Processing
  • Beverages
  • Foodservice
  • Others

Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail
  • Specialty Stores
  • Others

Frozen Mango Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by product type, end use and distribution channel as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.

In Asia-Pacific, China dominated the market due to growing populations, rising disposable incomes, and changing consumer preferences for convenient and healthy food options are driving the demand for frozen fruits, including mangoes, in the Asia-Pacific region

Asia-Pacific is the fastest growing region in this market due to rapid urbanization in countries such as India and China has led to busy lifestyles, where consumers often seek convenient and time-saving food options. Frozen mangoes offer a convenient solution as they are pre-cut, pre-packaged, and can be easily stored for longer durations.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Frozen Mango Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Market.

Some of the major players operating in the market are:

  • Ardo (Belgium)
  • SunOpta Inc. (Canada)
  • Dole Food Company, Inc.(U.S.)
  • Capricorn Food Products India Ltd. (India)
  • Sunkist Growers, Inc. (U.S.)
  • Kanegrade.(U.K.)


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